Chris Burniske, a partner at Placeholder, predicts that large institutions will enter the crypto market sooner than expected. Despite the bear market and anti-crypto policies leading to skepticism about traditional finance firms participating in crypto, Burniske believes that regulatory clarity is inevitable and will attract institutions. He argues that institutions need the clarity that ongoing judicial and legislative processes will provide, and that the rest of the world is already moving towards regulatory clarity. Burniske also suggests that the entry of institutions will not spell the end of decentralized finance (DeFi), but rather that regulated systems could become a larger ecosystem as institutions seek platforms that better suit their needs. He backs this belief by mentioning Placeholder’s investment in Infinity Exchange, a decentralized finance protocol that offers institutional-grade capital efficiency for traders and investors.
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